---
schema_version: "secwatch.filing_event.v1"
accession: "0001468327-23-000339"
form_type: "8-K"
ticker: "RENT"
cik: "0001468327"
company_name: "Rent the Runway, Inc."
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T17:55:38.723462+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Rent the Runway Q3 revenue $72.5M (-6.3% YoY); restructures debt, eliminates interest for 6 quarters

## Summary
- Revenue $72.5M (-6.3% YoY); net loss $(31.5)M (narrowed from $(36.1)M YoY); Adj. EBITDA $3.5M (vs $6.6M YoY).
- Debt restructured: interest (PIK and cash) eliminated for 6 quarters; liquidity covenant cut to $30M from $50M.
- Active subscribers 131,725 (-2% YoY); in-stock rate up 1400 bps vs 1H23; retention and NPS improved.
- FY23 guidance reaffirmed: revenue ≥$296.4M, Adj. EBITDA margin 7-8%; FY23 FCF guidance withdrawn; targeting FCF breakeven in FY24.

## SEC filing metadata
- accession: 0001468327-23-000339
- form_type: 8-K
- ticker: RENT
- cik: 0001468327
- company_name: Rent the Runway, Inc.
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000339/0001468327-23-000339-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000339/wdq-20231205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001468327-23-000339
- JSON: https://secwatch.observer/filing/0001468327-23-000339.json
- Plain text: https://secwatch.observer/filing/0001468327-23-000339.txt

## Key facts
- Earnings Releases
  Rent the Runway, Inc. reported the quarter ended October 31, 2023 results: revenue $72.5 million, net income ($31.5) million. Guidance reaffirmed.
  - Period: the quarter ended October 31, 2023
  - Revenue: $72.5 million
  - Net income: ($31.5) million
  - Guidance: reaffirmed
  - Result: reported results
  source text: RTR with the SEC today and available on the RTR’s Investor Relations website (investors.renttherunway.com). Third Quarter 2023 Key Metrics and Financial Highlights • Revenue was $72.5 million, a (6.3)% decrease year-over-year from $77.4 million in the third quarter of fiscal year 2022. • 131,725 ending Active Subscribers, representing a decrease of (2)% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468327/000146832723000339/0001468327-23-000339-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.